​The nomination period to identify new NCREIF PREA Reporting Standards Council members is now open through August 31, 2018. New appointees will serve an initial three-year term beginning November 1, 2018.

The mission of the Reporting Standards is to manage and promote transparent and consistent reporting standards for the real estate industry to facilitate investment decision-making. Our current initiatives include: working with INREV and ANREV to align global reporting standards; providing standards and guidance in areas of particular interest to closed-end fund stakeholders; addressing complex valuation issues for real estate investments; investor, investment manager, consultant and service provider outreach; and ongoing dialogue with our foundational standards organizations (FASB, GIPS, USPAP) and other related industry groups which engage in standard setting activities. The Reporting Standards Board is looking for candidates who want to take a leadership role in the industry and are ready to make an impact.

Seasoned institutional real estate professional members of NCREIF and PREA who possess discipline specific expertise and an interdisciplinary perspective are encouraged to complete the nomination form. In addition, nominations for qualified candidates may be submitted from NCREIF committees and PREA affinity groups. Click here for more information about the qualifications and responsibilities of Council members.

The Reporting Standards Board is expected to complete the selection process by early October and nominees will be notified of the Board’s decision shortly thereafter. New Council members will be asked to join the Council during its meetings at the November NCREIF conference in Orlando, Florida.

Please submit completed nomination forms by August 31 or direct any questions relating to the nomination process to Marybeth Kronenwetter, Director, Reporting Standards.